DOW INC. — Director's Dealing 2022

Apr 29, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2022-04-26

Reporting Person: Sreeram Attiganal N (Senior Vice President / CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-26	Common Stock	M	53333	$61.97	Acquired	150393	Direct
2022-04-26	Common Stock	D	50515	$68.281	Disposed	99878	Direct
2022-04-26	Common Stock	M	21697	$54.89	Acquired	121575	Direct
2022-04-26	Common Stock	D	19305	$68.205	Disposed	102270	Direct
2022-04-26	Common Stock	M	30563	$48.30	Acquired	132833	Direct
2022-04-26	Common Stock	D	25530	$68.193	Disposed	107303	Direct
2022-04-26	Common Stock	M	17360	$57.67	Acquired	124663	Direct
2022-04-26	Common Stock	D	15846	$68.233	Disposed	108817	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-26	Non-Qualified Stock Option (Right to Buy)	$61.97	M	53333	Disposed	2027-02-10	Common Stock (53333.0)	Direct
2022-04-26	Non-Qualified Stock Option (Right to Buy)	$54.89	M	21697	Disposed	2029-02-11	Common Stock (21697.0)	Direct
2022-04-26	Non-Qualified Stock Option (Right to Buy)	$48.3	M	30563	Disposed	2030-02-13	Common Stock (30563.0)	Direct
2022-04-26	Non-Qualified Stock Option (Right to Buy)	$57.67	M	17360	Disposed	2031-02-11	Common Stock (17360.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41296	Indirect
Common Stock	263.9605	Indirect
Common Stock	1284.2337	Indirect

Footnotes

F1: Shares used to satisfy the exercise price and tax withholding of the Reporting Person upon exercise of options as required by the award agreement and exempt under Rule 16b-3.

F2: The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $68.25 to $68.37. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $68.20 to $68.24. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $68.18 to $68.25. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $68.22 to $68.30. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F6: Total includes previously reported restricted stock units.

F7: This option is fully vested and exercisable.

F8: This option vests in three equal installments beginning on February 13, 2021.

F9: This option vests in three equal installments beginning on February 11, 2022.